Norwegian Food Safety Authority approves $100 million hatchery investment in Vevelstad. The Norwegian Food Safety Authority has approved Vevelstad Settefisk’s application to begin large-scale juvenile salmon production at Lauknes in Vevelstad municipality, paving the way for a NOK 1 billion ($100 million) investment. The project, led by Vevelstad Settefisk CEO Knut Bråthen, is expected to … Continue reading New $100 million hatchery aims to produce up to 20 million smolts a year